Every bank and building society in the UK is now able to send and receive Faster Payments, with over 400 connecting indirectly to the service through a sponsor bank.

If your bank or building society is not listed as a direct participant, you should contact them directly to check your limit.

How can I be sure the account I am sending to accepts Faster Payments?

Every UK bank and building society is now able to send and receive Faster Payments. However, a very small number of accounts (less than 0.1%), such as some savings accounts, do not accept Faster Payments.

You can check if the account you want to send a payment to accepts Faster Payments by using our sort code checker.

I want to send more than my bank’s transaction limit. What should I do?

It’s a good idea to contact your bank or building society in advance if you are planning to send any large value amount(s) in a single day as most types of account have a daily limit on the total amount you can send.

If you are unable to send the amount you want through Faster Payments, your bank or building society will be able to advise you on the alternatives that are available.